1. The market size of China's bearing industry is expected to reach 300 billion yuan in 2021, with a strong growth momentum.
2. According to statistics, the current global bearing market size has exceeded 50 billion US dollars, and it is expected to continue to maintain stable growth in the next few years.
3. In 2021, the bearing industry will usher in an important period of technological innovation and industrial upgrading, and intelligence and digitalization will become the main trend of industry development.
4. China's bearing industry is accelerating the promotion of green manufacturing and sustainable development, actively responding to the national environmental protection policy, and promoting the transformation and upgrading of the industry.
5. In the next few years, the global bearing industry will face challenges such as rising raw material prices and international trade frictions, but it still has great development potential and market space.
Angular Contact Ball Bearings, Needle roller bearings, Tapered Roller Bearing
